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Coinbase's Base Bets on AI Agents With $100K Startup Accelerator

Created at 19 Aug · 4:36 PM1 source↑ Market-relevant
IN SHORT

Coinbase's Ethereum layer-2 network, Base, is launching its Batches 004 accelerator, focusing on startups building AI agents, trading, payments, and financing products. Ten selected teams will receive a $100,000 investment each and participate in an eight-week virtual program.

Key Numbers

10startups to be selected for accelerator
$100,000investment per startup
8weeks for virtual program
September 9application deadline

Who's Involved

Coinbase
operator of Ethereum layer-2 network Base
Base
Coinbase's Ethereum layer-2 network
Daniel Bronheim
Base Ecosystem Fund Lead
MoonPay
crypto firm building AI agent projects
Coinbase's Base Bets on AI Agents With $100K Startup Accelerator

↳ Why This Matters

Coinbase's strategic focus on AI agents within its Base ecosystem signals a significant push to integrate artificial intelligence with decentralized finance, potentially unlocking new on-chain activity and financial applications.

Key facts

  • Base, Coinbase's Ethereum layer-2 network, is launching its Batches 004 accelerator.
  • Ten startups will be selected for the eight-week virtual program.
  • Each selected startup will receive a $100,000 investment from the Base Ecosystem Fund.
  • The accelerator is targeting startups focused on AI agents, trading, payments, and financing.
  • Applications are open until September 9, with a Demo Day in New York in November.

Coinbase's Ethereum layer-2 network, Base, is launching its latest startup accelerator, Batches 004, with a focus on AI agents and decentralized finance products. The program will select 10 pre-seed startups, offering each a $100,000 investment upfront. Applications are open until September 9, and the eight-week virtual program will culminate in a Demo Day in New York in November.

Daniel Bronheim, Base Ecosystem Fund Lead, stated that the program is shifting to a more focused approach, seeking high-signal teams building products for trading, payments, financing, and AI agents, particularly those utilizing stablecoins. He emphasized the role of blockchains as financial rails for AI, predicting that agents will drive significant on-chain activity.

Base requires participating startups to prioritize its network, though they can support multiple blockchains. The accelerator also seeks founders with fintech backgrounds to introduce new financial products. In addition to the investment, selected teams will receive dedicated advisory support, ecosystem integration, and investor presentations.

This initiative follows Coinbase's recent moves in the AI agent space, including the launch of Agentic Wallets and Coinbase for Agents, which enable AI agents to hold and spend cryptocurrency.

Frequently asked questions

Base is an Ethereum layer-2 network developed by Coinbase, designed to provide a secure, low-cost, and developer-friendly platform for decentralized applications.

Base is seeking pre-seed startups focused on AI agents, trading, payments, and financing, particularly those that leverage stablecoins and aim to drive on-chain activity.

Selected startups receive a $100,000 investment, an eight-week virtual program with a dedicated advisor, ecosystem integration support, and a presentation opportunity at a Demo Day.

What Happens Next

01Applications for Base Batches 004 close on September 9.
02The eight-week virtual program will conclude with a Demo Day in New York in November.

How It Developed

Base is narrowing its startup accelerator to 10 teams for its latest cohort.
Each selected company will receive a $100,000 investment upfront.
Applications for Base Batches 004 are open through September 9.
The eight-week virtual program will conclude with a Demo Day in New York in November.
The program is seeking pre-seed startups focused on trading, payments, financing, and AI agents.
Base must be the primary network for participating startups.
Coinbase launched Agentic Wallets on Base in February, allowing AI agents to hold USDC and make payments.
Coinbase launched Coinbase for Agents in June, connecting AI agents directly to user accounts.

Sources

T1
Coinbase's Base Is Betting Big on AI Agents With $100K Startup AcceleratorDecrypt

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